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Compare two mortgages

Compare the difference in monthly payment and total costs of two different mortgage products. This calculator assumes that interest rates don't change during the term and that you add the fees to the mortgage.

£

Mortgage 1

%
£ %

Mortgage 2

%
£ %

Mortgage 1: Monthly repayment

£{{resultsData.mortgage1.totals.monthly_payment | currency : "" : 0}}

Mortgage 1: Cost over {{ resultsData.totals.compare_period }} years

(This includes the cost of any fees)

£{{ mortgage1OverTwoYears | currency : "" : 0 }}

Mortgage 1: Cost over full term

(This includes the cost of any fees)

£{{resultsData.mortgage1.totals.totalWithInterestAndFees | currency : "" : 0}}

Mortgage 2: Monthly repayment

£{{resultsData.mortgage2.totals.monthly_payment | currency : "" : 0}}

Mortgage 2: Cost over {{ resultsData.totals.compare_period }} years

(This includes the cost of any fees)

£{{ mortgage2OverTwoYears | currency : "" : 0}}

Mortgage 2: Cost over full term

(This includes the cost of any fees)

£{{resultsData.mortgage2.totals.totalWithInterestAndFees | currency : "" : 0}}

Could you get a cheaper rate?

Use the MSE's Mortgage Best Buys Comparison to find the best deal for you.

Total cost over {{resultsData.totals.compare_period}} years

Your remaining debt

(assuming your interest rate stays the same)

swipe
Year Mortgage 1 Mortgage 2
{{$index}} £{{year.mortgage1.annual_actual_outstanding | currency : "" :0}} £{{year.mortgage2.annual_actual_outstanding | currency : "" :0}}
Full term cost £{{resultsData.mortgage1.totals.totalWithInterestAndFees | currency : "" :0}} £{{resultsData.mortgage2.totals.totalWithInterestAndFees | currency : "" :0}}

IMPORTANT! Please read...

This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs.

It's important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errors (please report faults above).